Question

8. A shopkeeper incurred a loss of 15% on selling an article for 306 after giving two successive discounts of 50% and 3
150
175
80
120
​

Answer 1

answer:

A shopkeeper incurred a loss of 15%

selling an article for 306

two successive discounts of 50% and 3

the

answer is 150

Answer 2

Answer:

Cost Price of the item is 175, Selling Price is 148.41 and the market price is 306.

Explanation:

What is Cost Price, Selling Price , Discount ?

Cost price refers to the price paid to buy a good or commodity. Denoted as CP as well. This cost price is divided into two more categories:

Fixed Cost: Under whatever conditions, the fixed cost remains constant.

Variable Cost: It may change based on the quantity of units and other elements.

The selling price is the price at which a thing is sold. Typically, it is identified as SP. also known as a selling price on occasion.

Discount = Marked Price - Selling Price,

and the discount percentage is equal to discount divided by market price's percentage.

The Selling price of the article be A.

Selling price  =  Market Price * $\frac{( 100 - discount)}{100}$

Therefore,

A =306  * $\frac{(100-50)}{100}* \frac{100-3}{100}$

⇒ A = $306 * \frac{50}{100}*\frac{97}{100}$

⇒ A = 148.41 .

The loss on selling the article for 306 is 15%

Therefore,

$\frac{100-15}{100}* (cost Price) = 148.41$

⇒ $Cost \ price = 148.41 *\frac{100}{85} = 175$.

Cost Price of the item is 175, Selling Price is 148.41 and the market price is 306.

To learn more about Profit and Loss refer to :

https://brainly.in/question/17224361?referrer=searchResults

https://brainly.in/question/42534254?referrer=searchResults

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